"Too many people spend money they haven't earned, to buy things they don't want, to impress people they don't like." - Will Smith (from "Wise Bread" - Glen Stansberry)
Welcome to Thrifty Living Today. A special way of life for the Twenty-first Century.
My name is Lori Blatzheim and I am your host.
I really like the quote above. It reminds me that there are a lot of ways to spend money. One day you have it. The next day you might not. A lot depends on what is important to you, spending or saving.
One of the hallmarks of a Thrift centered life is saving. Usually this refers to money, but it can also apply to keeping and maintaining other things of value.
For simplicity, lets stick with money. You acquire it somehow, either by earning, selling, finding, or receiving it as a gift.
Once you own money, you have to decide what to do with it. You may:
- place it in a savings account
- create an emergency account
- invest it
- buy something: property, an education for yourself or another
- loan it
- give it to another person
The list goes on and on.
When we think of the word Thrift most of us first think about buying for less by using coupons, watching for items on sale, going to second hand sales, or anything we can think of that will reduce the cost of an item.
Thrift is like a two sided coin
There is another side to Thrift. And, that is to save money in the first place.
People forget that by saving, they are improving their future, and they are giving a gift to themselves.
Actually there are a lot of reasons. Planned saving can lead to a more disciplined life. It offers a fund to handle unforeseen events and emergencies. It is there for purchase when a new appliance or piece of household furniture is suddenly needed. It also allows people to select what they want to do with the money they have saved.
My favorite reason for saving is to fund something I really want to do. This usually has something to do with travel. My husband says I was born with "roller skates on my feet." I seem to be happiest when in motion, when meeting the citizens of the earth.
Don't think of Thrift as some sort of behavior that prevents having fun. Actually, it leads to a more balanced and happy life. If you fund your activities in advance rather than by credit card you will have a much better time.
What does it take to save
Basically it takes planning, time, and discipline to put money into savings. It isn't easy and you may have to try different strategies.
Try looking at what you are currently buying. Keep track, for one day, what you spend. Try using cash. Count you money when you start out and when you return home. What's the verdict?
Next, think about what you could change. Did you really need the extra special coffee or lunch you bought?
Could you have brought anything from home? Would you feel out of place bringing a lunch?
Remember the Will Smith quote above at the top of this post. Don't spend money to impress or fit in with others.
I have a question. What's more important, the opinion of others or your own dreams? To make a dream happen, you have to take the first step.
Lori Blatzheim is a wife, mother, nurse, writer, and thrift advocate. She knows that use of Thrift can help people because she has experienced the benefits.